ISAS Briefs

Walmart’s acquisition of a 77-per cent stake in Flipkart in India is a win-win deal for both entities. This paper studies the deal from the perspectives of both companies and indicates that India’s electronic commerce (e-commerce) will now be a turf battle between American retail giants, Walmart and Amazon. Following the domination of Indian e-commerce by foreign retailers, the paper also ponders on the kind of shifts this might entail for future Indian retail regulations.